Bowmark Capital

Investment May 2024

Business ModelSoftware

Business Specialist ERP Software

Why we invested

Construction ERP software represents a large addressable market with exciting growth prospects, due to the ongoing drive for productivity gains in the industry, coupled with the accelerating adoption of digital technology.

Eque2 is uniquely positioned to capitalise on this opportunity due to its market-leading technology platform and product suite, which delivers demonstrable revenue enhancement and cost efficiency for its clients.

annual recurring revenue growth

>20%

The story so far

Eque2 is growing annual recurring revenues at over 20% per annum and, with Bowmark’s financial backing, is pursuing a range of new organic and acquisitive growth initiatives, while continuing to invest in its technology, new product development and client service.

In June 2026, Eque2 acquired Chalkstring, a cloud-native estimating and cost management platform, forming the foundation of its next-generation estimating offering.

Bowmark are the perfect partners for the next phase of our journey as we look to invest even more in product development and customer support Justin Moule,CEO